Economic Data Calls for November 24, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 24, 2020) — Good Luck Trading!

1. GE GDP Revision (02:00 ET) No Trade — Revisions are hard to predict but can be market moving
2. GE IFO Report (04:00 ET) Bearish EUR — Lockdowns and virus spread should dampen economic activity & sentiment
3. US Consumer Confidence Index (10:00 ET) Bearish USD — Lockdowns and virus spread should dampen economic activity & sentiment

Economic Data Calls for November 23, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 23, 2020) — Good Luck Trading!

1. NZ Retail Sales Q3 (16:45 ET) Bullish NZD — Spending should have recovered in Q3
2. AU CBA PMIs (17:00 ET) No Trade — While AU outlook is better global outlook is grim
3. EZ and GE PMIs (03:30 ET) Bearish EUR — Lockdowns and virus spread should dampen economic activity & sentiment
4. UK PMIs (04:30 ET) Bearish GBP — Lockdowns and virus spread should dampen economic activity & sentiment

Economic Data Calls for November 18, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 18, 2020) — Good Luck Trading!

1. UK CPI (02:00 ET) Bullish GBP — Slightly stronger BRC shop prices
2. EZ CPI (05:00 ET) No Trade — Revisions are difficult to predict but changes can be important
3. US Housing Starts and Building Permits (08:30 ET) No Trade — Housing activity should continue to improve but tough call
4. CA CPI (08:30 ET) Bullish CAD — Increase in price component of IVEY PMI

Economic Data Calls for November 16, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 16, 2020) — Good Luck Trading!

1. NZ PMI Services (16:30 ET) No Trade — Weaker PMI Mfg but other data good
2. Q3 Japanese GDP (18:50 ET) Bullish JPY — GDP growth expected to recover a bit in Q3
3. Chinese Industrial Production & Retail Sales (21:00 ET) No Trade — Chinese data is difficult to predict but can be market moving
4. US Empire State Survey (08:30 ET) No Trade — Virus cases on the rise, could dampen economic activity

Economic Data Calls for Nov 13, 2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 13, 2020) — Good Luck Trading!

1. NZ PMI Manufacturing (16:30 ET) Bearish NZD — Ongoing COVId recovery should bolster manufacturing activity
2. EZ Q3 GDP and Trade Balance (05:00 ET) Bullish EUR — May not impact euro but Draghi said GDP numbers could look better
3. US PPI (08:30 ET) Bearish USD — Weaker CPI
4. US University of Michigan Sentiment Index (10:00 ET) Bearish USD — Rising virus cases and election uncertainty should dampen sentiment

Economic Data Calls for 11/12/2020

Weekly Calendar Calls

Here’s what we are looking for in tomorrow’s economic reports (Nov 12, 2020) — Good Luck Trading!

1. UK Q3 GDP, Industrial Production and Trade Balance (02:00 ET) Bearish GBP — Broad based declines in PMIs signal industrial production and trade activity weaknes
2. EZ Industrial Production (05:00 ET) Bearish EUR — Significantly weaker German Industrial Production
3. US CPI (05:00 ET) Bearish USD — Gas prices fell sharply in October. Inflation should remain low
4. NZ PMI Manufacturing (16:30 ET) Bullish NZD — Ongoing COVID recovery should bolster activity